Q 3:
How should Zakah (obligatory charity) be calculated on salaries?
It should be noted that the bank account of a person may reach SAR 50,000 and sometimes may be only SAR 1000. How should Zakah be calculated and paid?
A:
People receiving salaries and others should pay the Zakah due on their money when the money reaches the Nisab (the minimum amount on which Zakah is due) after the passing of a full Hawl (one lunar year calculated from the time a property reaches the minimum amount upon which Zakah is due). The amount of Zakah is 2.5% of the capital and the profits, as the ruling of the capital is equally applied to profits.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.